NOT LISTED FOR SALE

2212 E Pierce St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $412,927 - $524,000

5 Beds
-- Bath
2,288 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

Last sale price $355,000 $155 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,611 / mo

154 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Window Unit Heating System

About This Home

As of April 2021

Back on the market, Seller wants it SOLD...Great 4 plex in a central Phx.area. The complex sits at the end of the street making it very private, Close to major freeways and Accessible to public transportation within walking distance to light rail. Units are rented on month to month leases. All the units have tile flooring and have had some updating, tile shower walls, updated kitchens, etc. The complex has gas stoves/water heaters, tenants pay their own electric they are individual metered. The owner does pay gas and water currently, the units are individual metered for Electric and Gas. The units consist of 1 Two bedroom unit and 3 1 bedroom units, the current rents are unit 1 725 unit 2 450 unit 3 575 unit 4 539. Property has been painted recently, some units have been re-plumbed,

Last Agent to Sell the Property

Michael Bohlman

Arizona Elite Properties License #BR522340000 Listed on: 09/02/2020

Arizona Elite Properties

Last Buyer's Agent

Lauren Hensley

My Home Group Real Estate License #SA673837000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1961

Lot Details

  • 8,668

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 116-03-090-J

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8678
  • Monmouth Park Lots 25 29 Subdivision

Building Details

  • Operating Expense $5,899
  • Gross Income $86,832
  • Net Operating Income $18,979

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$884

Year Built

Built in 1961

Lot Details

8,668 Sq Ft Lot

Listing Details

  • Cross Street: 24ST & ROOSEVELT
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2019
  • Road Surface Type: Concrete, Sidewalk(s)
  • Subdivision Name: MONMOUTH PARK LOTS 25-29
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Fuel Expense: 950.0
  • Annual Water Sewer Expense: 2565.0

Lot Info

  • Lot Size: 8678
  • Additional Parcels: No
  • Parcel #: 116-03-090-J

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 86832.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 18979.0
  • Annual Operating Expense: 5899.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 884.0
  • Tax Book Number: 116.00
  • Tax Lot: 22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Bought by
Current Estimated Value
$468,482

Purchase Details

Listed on
Sep 2, 2020
Closed on
Mar 31, 2021
Sold by
Bought by
Seller's Agent
Michael Bohlman
Arizona Elite Properties
Buyer's Agent
Lauren Hensley
My Home Group Real Estate
List Price
$369,500
Sold Price
$355,000
Premium/Discount to List
-$14,500
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$251,250
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,400
Interest Rate
0.0898%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
0.0675%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
0.0587%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$355,000 Greystone Title Agency Llc
$104,000 Greystone Title Agency
$43,888 Greystone Title Agency
-- None Available
-- None Available
$73,500 First American Title Ins Co
$179,550 First American Title
$280,500 Transnation Title Ins Co
$179,000 First American Title Ins Co
$148,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $251,250
Previous Owner $224,400
Previous Owner $143,200
Previous Owner $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $355,000 -3.9% $155 / Sq Ft
03/27/2021 03/27/21 Price Changed $369,500 0.0% $161 / Sq Ft
03/20/2021 03/20/21 For Sale $369,500 0.0% $161 / Sq Ft
03/20/2021 03/20/21 Price Changed $369,500 0.0% $161 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $369,500 0.0% $161 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $369,500 0.0% $161 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $369,500 0.0% $161 / Sq Ft
11/02/2020 11/02/20 Price Changed $369,500 -1.3% $161 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $374,500 -1.3% $164 / Sq Ft
09/02/2020 09/02/20 For Sale $379,500 -- $166 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $975 $7,218
2024 $928 $6,874
2023 $928 $33,730 $6,740 $26,990
2022 $891 $24,630 $4,920 $19,710
2021 $913 $21,310 $4,260 $17,050
2020 $891 $17,520 $3,500 $14,020
2019 $884 $13,970 $2,790 $11,180
2018 $866 $12,330 $2,460 $9,870
2017 $833 $11,050 $2,210 $8,840
2016 $801 $8,730 $1,740 $6,990
2015 $745 $7,510 $1,500 $6,010
Source: Public Records

Agents Affiliated with this Home

  • Michael Bohlman

    Seller's Agent in 2021

    Michael Bohlman

    Arizona Elite Properties

    (480) 797-3800

    9 Total Sales

    Michael Bohlman
    Section Image
  • Lauren Hensley

    Buyer's Agent in 2021

    Lauren Hensley

    My Home Group Real Estate

    (480) 818-7970

    32 Total Sales

    Lauren Hensley
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6126221

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-090J

Arizona Maricopa County Phoenix 85006 Central City

2212 E Pierce St, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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